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Manufacturing and high-tech industries drive growth, and the tax data highlights economic vitality
2025-05-12 source:CCTV.com

CCTV News: On April 9, the State Administration of Taxation released the latest tax data showing that in the first quarter, my country's manufacturing sales revenue continued to grow, innovation momentum continued to accumulate, new quality productivity accelerated cultivation, and high-tech industry sales maintained a rapid growth momentum.

VAT invoice data shows that in the first quarter, manufacturing sales revenue increased by 4.8% year-on-year, accounting for 29.1% of the national sales, an increase of 0.8 percentage points from the same period last year, providing important support for the sustained economic growth. Among them, the sales revenue of the equipment manufacturing industry increased by 9.7% year-on-year, maintaining rapid growth.

A rail transit equipment manufacturing company in Dalian, Liaoning Province is rushing to manufacture a batch of brake resistor devices, ventilators, cooling fans and other products used in rolling stocks in recent days. The person in charge told reporters that this year, their many intellectual property rights have been implemented in practical use. The products are not only used in domestic main locomotives such as the Fuxing EMU, but also exported to New Zealand, Kazakhstan, Nigeria and other countries.

As a local pillar industry, Dalian City has 21,267 equipment manufacturing enterprises. The local tax department and the Federation of Industry and Commerce and other departments jointly implement the "Smart Taxation Federation" special service mechanism to accurately push policies that benefit enterprises.

In addition, the value-added tax invoice data showed that in the first quarter, my country's sales revenue increased by 13.4% year-on-year, continuing the rapid growth momentum. Sales revenue of digital product manufacturing and digital technology application industries increased by 12% and 11.6% year-on-year respectively, reflecting the continued deepening of the integration of digital and actual numbers. With my country's breakthroughs and promotion and application in the field of artificial intelligence, sales revenue of scientific research and technology services and information technology services have increased by 19.6% and 11.4% year-on-year respectively.

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